Dow Jones extends gains, closes above 35,000

US stock indices closed higher on Friday, buoyed by the tech sector amid focus on major US companies earnings results.

The latest US companies that reported their quarterly were Twitter and Intel Corp.

Efforts to contain the coronavirus pandemic are continuing around the world, especially after the emergence of the new highly spreading Delta variant.

The World Health Organization stated that coronavirus infections have increased in the USs, Europe and Asia due to the new Delta strain, which has renewed fears of the pandemic spreading out of control.

To the oil market, WTI crude August futures rose 0.2% or 16 cents, and closed at $72.07 a barrel, and posted a gain of 0.4%, after hitting a high of $72.1 and a low of $71.3.

Brent September futures rose 0.4% or 31 cents, and closed at $74.10 a barrel, with a weekly gain of 0.7%, after hitting a high of $74.1 and a low of $73.3.

As for stocks, Dow Jones rose 0.7% or 238 points, and closed at 35,061, and posted a weekly gain of 1.1%, with a day high of 35,095, and a low of 34,855.

S&P 500 rose 1% or 44 points to 4,411, and posted a weekly gain of 2%, after hitting a high of 4,415 and a low of 4,381 points.

Nasdaq rose 1% or 152 points to 14,836, and registered a 2.8% weekly gain, with a high of 14,846 and a low of 14,698.